Built-In Two- and Three-Way PO Matching

Configure Personalized PO Policies

With Tipalti, purchase order processes work for you and save time. Enjoy greater compliance with your company’s purchasing policies. All invoice data goes through Tipalti AI Scan, auto-coding, and approval workflows before payment processing. This level of automation software integration simplifies the invoice verification process across your ERP system and accounting system, helping your accounts payable team reduce manual steps.

• Set up rules to determine if an invoice is PO-backed and if it should go through the matching process
• Base rules on the supplier or bill amount
• If an invoice has a purchase order, the PO bill coding data pre-populates the invoice

Set Tolerance Ranges That Work for Your Business

Want more flexibility? Rather than manually reviewing all mismatches between invoices, purchase orders, and receiving reports, you can create tolerance thresholds based on amounts or percentages and the bill or line level. That way, invoices are still considered “matched” if they’re within the threshold. AI-powered invoice approval uses AI in PO matching to reduce time-consuming reviews and minimize discrepancies, without losing control.

• Improve first-time match rates to cut costs
• Gain insights into exceptions with a color-coded and intuitive interface
• Reduce the number of exceptions requiring further investigation

Elevate Inventory Management

Product-based companies can streamline PO matching with inventory management for accurate tracking and payments. Implement a scalable PO policy across suppliers to eliminate overspending and strengthen financial control. Invoice purchase order workflows involving goods or services are optimized through integration with supplier invoices and ERP systems.

The following features are available for NetSuite users:

• Optimize prepayment workflow with seamless ERP integration.
• Support invoices for items with inventory details, such as serial numbers and locations.*
• Streamline three-way PO-matching for dropshipping invoices when selling products without maintaining inventory.*